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12° Nicosia,
25 July, 2024
 

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Displaying results 31-60 of 337 matches for query retail.

31. Cyprus economic growth soars 2.5% for 2023

https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023

Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....

32. Cyprus' economic mood sours in February

https://knews.kathimerini.com.cy/en/news/cyprus-economic-mood-sours-in-february

In February 2024, economic sentiment in Cyprus witnessed a decline, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 2.1 points compared to January, according to the University of Cyprus Economics Research Center....

33. Cyprus and Greece forge alliance against potato fraud

https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-forge-alliance-against-potato-fraud

Agriculture Minister Maria Panayiotou has requested the assistance of the Greek authorities to address the issue of potatoes from different countries being sold as Cypriot potatoes......

34. Cyprus emerges as key hub for EMC project with $300 Million Funding

https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-key-hub-for-emc-project-with-$300-million-funding

The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...

35. Cyprus faces €40M setback in smart meter implementation

https://knews.kathimerini.com.cy/en/news/cyprus-faces-€40m-setback-in-smart-meter-implementation

A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....

36. Cyprus to roll out 10-second euro transfers across banks

https://knews.kathimerini.com.cy/en/news/cyprus-to-roll-out-10-second-euro-transfers-across-banks

Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....

37. Housing costs rise: Apartments jump 11.1% in 2024

https://knews.kathimerini.com.cy/en/news/housing-costs-rise-apartments-jump-11-1-in-2024

House and apartment rents went up 8% and 11.1%, respectively, over the year in the fourth quarter of 2024, according to the Ask Wire Index. At the same period, house and apartment values rose 3% and 8.8% respectively over the year....

38. Cyprus grapples with impending price increases in appliances

https://knews.kathimerini.com.cy/en/news/1-cyprus-grapples-with-impending-price-increases-in-appliances

Another category of products faces potential price hikes, with household appliances such as refrigerators, washing machines, and televisions expected to experience increases in the near future. ...

39. Biden praises job growth, declares US economy 'strongest in the world'

https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world

President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....

40. Lidl Cyprus ''Top Employer'' in Cyprus also in 2024

https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-employer-in-cyprus-also-in-2024

Lidl Cyprus is the Top Employer for the 7th consecutive year in Cyprus and Europe, according to the results of the internationally recognized independent organization Top Employer Institute....

41. How the consumer pocket faces a perfect economic storm

https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm

The uncertainty and the intense upheavals in the global supply chain continue....

42. Antoniou: ''Expect price hikes in consumer goods by month's end''

https://knews.kathimerini.com.cy/en/business/antoniou-expect-price-hikes-in-consumer-goods-by-month-s-end

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

43. Houthi strikes send prices soaring in global trade

https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

44. 79% jump in consumer complaints this year

https://knews.kathimerini.com.cy/en/business/79-jump-in-consumer-complaints-this-year

In a substantial leap from 2022, the Cyprus Consumer Association reports a noteworthy spike in four complaint categories in 2023....

45. Affordable water soon in high-demand spots

https://knews.kathimerini.com.cy/en/news/affordable-water-soon-in-high-demand-spots

Konstantinos Karagiorgis, director of the Consumer Service, is spearheading efforts to establish maximum retail prices in areas lacking sufficient competition....

46. Christmas shopping sees supermarket surge, clothing decline

https://knews.kathimerini.com.cy/en/business/christmas-shopping-sees-supermarket-surge-clothing-decline

Christmas shopping in Cyprus saw contrasting results, with supermarkets experiencing a better turnout compared to the previous year, while clothing and footwear shops faced a decline, except for children's gifts....

47. Lidl Cyprus embraces diversity among its people

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-embraces-diversity-among-its-people

The diversity of Lidl Cyprus’ employees is the main subject of the company's recent campaign. ...

48. Minister upset as staff gaps widen

https://knews.kathimerini.com.cy/en/news/minister-upset-as-staff-gaps-widen

In its 2023 Employment and Social Developments in Europe (ESDE) report, the European Commission identifies major shortages in construction, healthcare, science, technology, and STEM (Science, Technology, Engineering, and Mathematics) occupations, spanning high, medium, and low-skilled roles...

49. Labor Minister responds to industry staff shortages, urges caution in demands

https://knews.kathimerini.com.cy/en/news/labor-minister-responds-to-industry-staff-shortages-urges-caution-in-demands

In response to demands from employer representatives regarding staff shortages in retail, catering, and the hotel industry, Minister of Labour and Social Insurance, Yannis Panagiotou,...

50. Workforce crisis grips Cyprus as 12,000 job vacancies surge

https://knews.kathimerini.com.cy/en/business/workforce-crisis-grips-cyprus-as-12-000-job-vacancies-surge

In the hotel, catering, and retail sectors, an estimated 12 thousand personnel needs have prompted relevant professional associations to jointly appeal to the Ministry of Labour, seeking simplified procedures for hiring staff from third countries....

51. Government seeks €1B via EMNT bond in 2024

https://knews.kathimerini.com.cy/en/news/government-seeks-€1b-via-emnt-bond-in-2024

Cyprus’ financing needs for 2024 amount to €1.3 billion, largely to be covered by the issuance of a €1 billion EMNT bond, the Finance Ministry’s Public Debt Management Office (PDMO) has said. ...

52. Greek retailer Kotsovolos fined €2 million for misleading discounts

https://knews.kathimerini.com.cy/en/business/greek-retailer-kotsovolos-fined-€2-million-for-misleading-discounts

The Minister of Development, Kostas Skrekas, has levied a 2 million euro fine on the company "Dixons South-East Europe Commercial and Industrial Company of Electrical, Information Technology,...

53. Makarios Avenue struggles to fulfill commercial expectations

https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations

Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...

54. Mega investments and unanswered questions

https://knews.kathimerini.com.cy/en/comment/opinion/mega-investments-and-unanswered-questions

In the realm of business expansions and openings, an intriguing anomaly surfaces—the apparent lack of foresight. Take, for instance, multi-million investments requiring a substantial workforce. ...

55. Black Friday blues as HSBC goes down on biggest sales day of the year

https://knews.kathimerini.com.cy/en/business/black-friday-blues-as-hsbc-goes-down-on-biggest-sales-day-of-the-year

On Black Friday, thousands of HSBC customers in the UK reported difficulties accessing mobile banking services, causing disruptions for those seeking to make purchases amidst retailer discounts. Downdetector, a website tracking service, recorded over 4,100 complaints regarding the malfunctioning banking app....

56. Lackluster sales show consumer hesitation and vigilance

https://knews.kathimerini.com.cy/en/business/lackluster-sales-show-consumer-hesitation-and-vigilance

From 9 in the morning, several stores opened their doors for Black Friday, primarily in the field of electrical and electronic devices, but the traffic is at low levels and certainly not comparable to previous years....

57. Major players unveil ambitious plans for shopping malls in Limassol

https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol

After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....

58. Parliament debates shops' opening hours

https://knews.kathimerini.com.cy/en/business/parliament-debates-shops-opening-hours

The talk about when shops should open is back, and this time, it's the Parliamentary Committee on Labour, Welfare, and Social Security discussing it. The Committee's head, Andros Kafkalias, thinks the government needs to set some rules on when shops can be open....

59. Supermarkets in Spain take extreme measures to protect olive oil

https://knews.kathimerini.com.cy/en/news/supermarkets-in-spain-take-extreme-measures-to-protect-olive-oil

In Spain, the world's leading olive oil producer, supermarkets are resorting to extreme measures as the price of this liquid gold skyrockets. With some bottles reaching 14.5 euros, theft is on the rise, prompting anti-theft devices on olive oil shelves....

60. Cyprus economy grows strong at 2.5% in Q3 2023

https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023

Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...

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